we've had all the talk about the fiscal cliff. and we've been saying from the beginning that this was a cautious and conservative consumer, and that it wouldn't take much to sort of knock us off a nice progression. consumers have been carrying this economy for almost two years of year-over-year, month-over-month growth. i think the competitive conversation about the fiscal cliff, while many consumer can't articulate each individual item and element of the cliff, they know there's something not good going on with the economy right now. and if it's op the front line of every newspaper and it's the headline and lead story of every television show, that starts to seep into consumer psyche. that i think will play a role. >> mr. shay, that said, and you've said it, do you think that your 4% estimate for year-on-year growth was perhaps overly optimistic in view of what is unfolding on capitol hill, and evident on every front page this morning? >> simon, i don't think so. we're not ready to go there yet. mastercard's assessment of .7 this